Hasbro (HAS) released its fourth quarter financial results before the opening bell on Monday. Here’s what the results mean for mutual fund investors.
Inside HAS’s Results
Earnings
Earnings rose to $169.92 million, or $1.34 per share, up from $129.82 million, or 98 cents per share, last year. Adjusted earnings came in at $1.22 per share, above analysts’ estimate of $1.21 per share.
Revenue
Revenue inched up to $1.30 billion from $1.28 billion last year. Analysts expected to see revenue of $1.33 billion.
The Toy Sector and Its Speed Bumps
Shares of Hasbro have been significantly outperforming its biggest competitor Mattel (MAT), as shares of HAS are up 16% in the last year, while MAT shares are down 24%. HAS has an attractive dividend yield of 3.30% and is fairly valued as it is trading at just 16x 2015 earnings estimates. Investing in toy companies does not always make for a smooth ride, considering part of the earnings stream can be related to success at the box office.
Mutual Funds to Watch
Investors interested in HAS may be interested in the funds listed below. These funds currently have the largest stakes in the company.
| Symbol | Mutual Fund | Stake |
|---|---|---|
| MEIAX | MFS® Value A | 3.32% |
| VMCIX | Vanguard Mid Cap | 1.61% |
| VTSMX | Vanguard Total Stock Market Index | 1.531% |
The Bottom Line
The funds listed above allow investors to gain exposure to HAS while remaining diversified. Investors interested in HAS may also be interested in Mattel (MAT).